Participants in the electricity market in Bulgaria include:
Electricity market devides into a free (liberalized) market and a regulated market.
In a state regulated electricity market, end users can purchase power from only one licensed provider at prices set by EWRC . Prices in this market are significantly higher than those on the free market and are determined by the Energy and Water Regulation Commission (EWRC ).
All household and non-household customers, connected to the low voltage receive electric power on this market.
All business customers (companies) with connected power over 100 kWh should join and benefit from the low prices on the open market. In case you have not done so, you are being supplied by the so-called. providers of last resort (PLR) at a price significantly higher than that on the free market.The role of DPI is played by the electricity distribution companies (EDC).
The liberalization of the electricity market allows the customers to select one or more suppliers of electricity and freely negotiate the price and terms of delivery.
The price of electricity on the open market is determined on a market basis, depending on the
In our monthly bill for electricity are included:
The monthly invoice issued by the dealer (supplier in the liberalized market) of electricity includes:
Transfer services and access to electrical grid remain outside the free market. Every client who has joined the liberalized market continues to pay them to the electricity distribution companies (EDC) at regulated prices. It is expected that within a year the move to a unified invoice issued by the electricity supplier (dealer) will be complete – which will transform the due amounts for transfer, access and distribution to the appropriate EDC, but it depends on the willingness of EDC companies to provide the relevant contracts for the fulfillment of these obligations by the other participants in the liberalized electricity market (traders and customers on the free market).
All customers on the open market participate as a collective client, part of the group of the supplier who makes predictions. Participation in a common group for predicting consumption ensures customers lower costs for balancing as deviations of individual group members are compensating each other.
Balancing costs are always there, but in a regulated market these are calculated in the price of energy. Now, in a liberalized market and with the existence of more merchants and balancing groups, each participant bears the costs according to their forecasts. Therefore, the prices for balancing the various vendors are different.
The submission of forecasts (time schedules) on the open market is done both by the clients themselves, if they wish so, and by the coordinators of the balancing groups in which they participate, in order to reduce (share) this expenditure.
From 1 st June 2014, this is now a responsibility for the suppliers on the regulated market as well.
The operator of the grid / ERP / ensures continuity of supply and the quality of electricity supplied to all customers within the area specified in their license.
All questions and reports about the quality of the electrical power supply should be addressed to the relevant power company to whose network the customers’ facilities are connected .
Achieving an acceptable balance between the values of the conveyed reactive power and active power consumption offers an opportunity to reduce or eliminate the due surcharge,s provided for in the regulations. The prospects are related to the implementation of effective technical solutions for ensuring and maintaining the power factor of the electrical equipment around and above 0.9.
To all our customers, whose connected power is => 100 kW, we recommend the establishment of compensating systems producing the required reactive power in the place of consumption, and, if they have already built such, to check their condition. Available on the market in the Republic of Bulgaria are comprehensive services for monitoring consumption, design, installation and servicing of such compensating devices.